HSBC Global Asset Management has hired Philip Knueppel as head of ETF sales for Germany, Austria and Switzerland (DACH) from DWS.

In the newly created role, Knueppel will be responsible for growing the firm’s ETF platform and driving sales across the DACH region.

Based in Frankfurt, he will report to Olga De Tapia, global head of ETF sales at HSBC GAM.

Knueppel spent a decade at DWS where he held a number of roles including head of passive for Switzerland, Austria, Central Europe and Middle East.

Prior to DWS, he was a product manager on the structured products desk at ABN Amro.

De Tapia commented: “Philip’s appointment is an important step towards expanding our ETF business in Europe.

“With his deep knowledge of the DACH market and understanding of investor needs, Philip will play a key role in growing our platform in the region.”

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The firm said there will be further appointments to the ETF sales later this year.

The appointment comes five months after the firm hired Vanguard’s Marc Hall as head of ETF sales for Switzerland. Hall will report to Knueppel.